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Here’s what we are looking for in tomorrow’s economic reports (Dec 14, 2016) — Good Luck Trading!
1. Claimant Count and Jobless Claims (4:30 NY Time) Bullish GBP – Potential for upside surprise given strong job growth in services. Decent growth in manufacturing but slight slowdown
2. EZ Industrial Production (5:00 NY Time) No Trade – Stronger GE IP, offset by lower FR IP
3. US Retail Sales Advanced and PPI (8:30 NY Time) No Trade – Drop in average hourly earnings but stronger sales according to Redbook
4. FOMC Rate Decision (14:00 NY Time) No Trade – Will be market moving but we don’t trade rate decisions proactively